Lincoln NM Real Estate & Homes for Sale
The median home value in Lincoln, NM is $213,204.
the county median home value of $163,200.
The national median home value is $185,800.
The average price of homes sold in Lincoln, NM is $213,204.
Approximately 44.3% of Lincoln homes are owned,
compared to 6.62% rented, while
49.08% are vacant.
Lincoln real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Lincoln real estate agent to arrange a tour today!
WATER, WATER, WATER - THIS IS A DROUGHT-PROOF PROPERTY. Laughing Sheep Ranch is an excellent, drought-proof 84.65 acre paradise in Lincoln, New Mexico. The ranch/farm has 42 acres under irrigation, almost unlimited water rights and Rio Bonito frontage on both sides of the river for approx. 1 mile. This property not only has papered water but millions of gallons of crystal clear sweet spring water from the Capitan Mountains and Bonito Watershed. The current owner has built 6 quaint cabins and a 4500 sq. ft. farm-to-table restaurant that can easily be converted into another residence. The main residence is a 3 bed, 2 bath ranch classic. Four ponds are stocked with trophy-size trout and one with very large bass. This is a magnificent property, located inside of the Lincoln Historical District. â¢ 84.65 acres â¢ 42 acres under irrigation â¢ Unlimited water rights from reserve well â¢ 1 mile of both sides of Rio Bonito â¢ 5 ponds, stocked with trophy fish. 4 trout ponds, 1 bass pond â¢ 42 acres of deeded water rights â¢ Main Home â¢ Caretaker home â¢ 5 cabins â¢ 2 apartments â¢ 4500 sq. ft. fully equipped restaurant â¢ 2 acre orchard â¢ Airstrip â¢ 2 greenhouses â¢ K-Line irrigation system â¢ Barn,tack room, shop, round pen and traps â¢ Current taxes $2,365.07/yr.
Western history buffs, be delighted! The Dolan House in Lincoln, NM enjoys a fascinating chapter in America's wild-west history with Billy the Kid's famous jail break in April 1881 & the stage of the Lincoln County war that raged from 1876 to 1879. Jimmy Dolan, politically connected & Governor Lew Wallace hired Pat Garrett as sheriff of Lincoln County specifically to arrest Billy the Kid. The Dolan house was built in 1883 & 1884. Jimmy Dolan had 20,000 bricks made for the house. The house consisted of six rooms & an entry way. All six rooms in the main house are the same size - 14ftx14ft with 12 ft ceilings & 20 inch thick walls. At the back of the house there was a breezeway & then a separate building that served as the summer kitchen & dining room. There was a large porch on the east side of the house which was closed in sometime in the 1920's & now serves as the formal dining room. During the 1920's & 1930's the house was known as the Bonito Inn. The floors in the Dolan office, parlor and entryway are the original pine wood floors. The original fireplaces remain in both rooms. The current owners purchased The Dolan House in 2007 and have spent the past 10 years lovingly restoring both the inside & outside of the house, establishing a successful small restaurant, gift shop & B&B. Annual revenues in excess of $100,000. An additional separate building has retail frontage along Main Street. Behind the home is fenced acreage suitable for horses, cattle, etc.
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